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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-KSB
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
<S> <C> <C>
<PERIOD-TYPE> 12-MOS 12-MOS
<FISCAL-YEAR-END> Aug-31-1999 Aug-31-2000
<PERIOD-START> Sep-01-1998 Sep-01-1999
<PERIOD-END> Aug-31-1999 Aug-31-2000
<CASH> 0 8,598,016
<SECURITIES> 0 0
<RECEIVABLES> 0 0
<ALLOWANCES> 0 0
<INVENTORY> 0 0
<CURRENT-ASSETS> 0 8,618,851
<PP&E> 0 11,388,939
<DEPRECIATION> 0 65,700
<TOTAL-ASSETS> 0 19,942,090
<CURRENT-LIABILITIES> 0 166,209
<BONDS> 0 0
0 0
0 14
<COMMON> 0 19,069
<OTHER-SE> 0 19,756,798
<TOTAL-LIABILITY-AND-EQUITY> 0 19,942,090
<SALES> 0 0
<TOTAL-REVENUES> 0 0
<CGS> 0 0
<TOTAL-COSTS> 0 0
<OTHER-EXPENSES> 0 0
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 183,256 211
<INCOME-PRETAX> (1,140,407) (982,547)
<INCOME-TAX> 0 0
<INCOME-CONTINUING> (1,140,407) (982,547)
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (1,140,407) (982,547)
<EPS-BASIC> (.11) (.06)
<EPS-DILUTED> (.11) (.06)
</TABLE>
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